In a critical essay, you will select a country of your choice and will compare your chosen country to SAUDI ARABIA in relation to the factor endowment theory. For each country, discuss:
• What is the impact of resource endowments on comparative advantage? For both countries
• Is the factor-endowment theory a good predictor of trade patterns? For both countries
• What additional trade theories can be applied? For both countries
• Explain their main insights and challenges. As one of the trade initiatives in Saudi Arabia, assess the aims of Saudi Vision 2030 in relation to factor endowment theory. (please find an article regard Saudi Vision 2030, the article must be reliable, it can be through google scholar)